InMed Pharmaceuticals Inc. (INM): Other Events
InMed Pharmaceuticals Inc. (INM) filed an SEC Form 8-K — Other Events. Exhibit 99.1 Nasdaq: INM c/o Norton Rose Fulbright Canada LLP Suite 1800-510 West Georgia St. Vancouver, BC, Canada V6B 0M3 Tel: +1.604.669.7207 Email: info@inmedpharma.com www.inmedpharma.com InMed Pharmaceuticals Receives Nasdaq Notification Regarding Minimum Stockholders’ Equi
How this was made
The 30-second read
Why it matters
The notice creates short‑term downside risk, but the announced $490M merger financing could restore compliance and support the share price if completed.
Market read
Compliance notice is a material corporate event for a micro‑cap biotech, affecting its liquidity and valuation.
What to watch
Potential for a Nasdaq extension and appeal process may give the company more time than the market assumes.
Background
InMed Pharmaceuticals filed an 8‑K reporting a Nasdaq compliance notice due to shareholders' equity below the required threshold, linked to merger‑related expenses and other costs.
Ticker impact
Nasdaq notified InMed Pharmaceuticals that its shareholders' equity fell below the $2.5M minimum, threatening delisting unless compliance is regained.
Downside pressure in the short term, with upside if merger proceeds and equity recovers.
Equity shortfall is material for a Nasdaq-listed micro‑cap; market reacts to compliance threats, but merger financing offers a path to recovery.
Market effects
Highlights compliance risk for other small‑cap biotech firms on Nasdaq Capital Market.
Limited to US-listed biotech sector; no broader regional effect.
Minimal global impact; primarily a company‑specific regulatory issue.
Counterpoint
If the merger closes as planned, the equity boost could quickly resolve the issue, making the stock a potential rebound play.
Key entities
- companyInMed Pharmaceuticals Inc.
Nasdaq‑listed biotech facing equity compliance issue.
- companyMentari Therapeutics, Inc.
Merger partner providing pre‑closing financing.

